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Elixxer Ltd. V.QBA


Primary Symbol: V.ELXR

Elixxer Ltd is a Canada based company engaged in growing and producing medical-grade cannabis. It focuses on making investments in Nutraceuticals, Cosmetics, Pharma, and Cultivation and Extraction sectors.


TSXV:ELXR - Post by User

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Post by Thereelmccoyon Nov 12, 2018 1:43pm
155 Views
Post# 28960843

Shameful

ShamefulLet the bashing calls begin again. 
As I have said before, I wish nobody ill will and hope we can all prosper at our investments. I find it absolutely deplorable that the management and directors of this company can rape and pillage the shareholders as shown below. How can they possibly justify this.
And to be abundantly clear, how is it that you shareholders can accept this ?
Your company executives and directors have paid themselves in excess of 10 million year (as at end of June and I'm certain by years end this will be in excess of 15 million.

Horrifying !!!!!!!!!!!!!!!!!!!!!!!!!!!

[e] Compensation of key management personnel and Board of Directors Excluding the amounts reported above, during the three and nine-month periods ended June 30, 2018 and 2017, the Company recorded the following compensation for key management personnel and the Board of Directors: Three-month period ended June 30 Nine-month period ended June 30 2018 2017 2018 2017 $ $ $ $ Directors’ fees 104,193 49,107 509,351 164,111 Management fees 37,500 24,000 90,000 32,000 Stock compensation 7,758,832 64,378 10,140,577 191,937 Total 7,900,525 137,485 10,739,927 388,048
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